Where parts

If you own an automotive property or are thinking of buying one, such as an oil change facility, collision shop or general auto repair, you’ve got to have you’re “ducks in a row” as they say, to get the loan closed in this market. 

Believe me I’m sick of hearing about it and sick of “warning” my clients.  But as the credit crisis persists, you need to start thinking clean.  In other words your loan requests have to be strong or you won’t be getting any term sheets from banks.  They’ll simply pass on your deal.  One of the more common issues is bad credit or mediocre credit.  6 months ago you could get away with a 620 and still have some good options.  Now you really need a 680.   Issues like late pays or an excessive amount of debt, even with good scores, will now kill most options.

Another common issue is so many automotive property owners don’t show enough income to qualify.  The idea on a bigger scale is to avoid as much taxes as possible, but when you go to get a loan, you’ve got a problem.  Whatever money you saved by not paying tax you’ll “pay back” to a lender in the form of a higher interest rate or by not getting a loan at all.  Pay now or pay later.  Tal to your CPA about this he may be able to help you create more noncash items like deprivation so that you can have the best of both sides – low taxes and a good rate.   Read more...

Auto insurance protects you against financial loss if you have an accident. It is a contract between you and the insurance company. You agree to pay the premium and the insurance company agrees to pay your losses as defined in your policy.

Auto insurance provides property, liability and medical coverage:

* Property coverage pays for damage to or theft of your car.

* Liability coverage pays for your legal responsibility to others for bodily injury or property damage.
* Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes lost wages and funeral expenses.

How is your auto insurance policy price determined?

The average auto insurance policy price is derived from a variety of factors.

Many of these variables are common knowledge and make sense for the most part.

it’s always a good idea to refresh yourself with what insurance companies are looking for when determining how much your coverage will cost.

*Driving Record
*Coverage Amount
*Age
*Vehicle Model and Driving Mileage
*Your Residence

What auto insurance coverage?

What types of auto insurance coverage to choose from?  Read more...

As pointed out in the previous article, there is a considerable amount to be saved for those that invest in a classic car compared to purchasing a modern-day car; particularly with regards to insurance, MOT costs and overall value.

Petrol costs are generally similar to an equivalently powered modern-day car. Interestingly, many classic cars can be converted to run on LPG, using the same procedure as modern-day cars. This will obviously have a positive affect on annual fuel costs.

The cost for replacing headlamps, radiator grills, bumpers etc. is usually considerably cheaper than that of modern-day cars. A typical rear lamp for a Morris Minor will cost in the region of £25, replacing the counterpart on a modern model can easily run into the hundreds! Therefore, the cost of minor repairs is also something that benefits the classic car owner.

Another not so obvious reason for choosing a classic car over a recently manufactured one is the advantages this has on the environment. It is widely believed that the overall carbon footprint of nearly every modern car has a great deal to do with their manufacture. So by choosing to re-use an already existing model you are undoubtedly doing your part to benefit our environment.

Furthermore, many of the components that make up today’s cars are designed to be binned and replaced on fault, hardly fitting with the “eco-friendly” lifestyles’ that we are encouraged to lead. Faults with older cars though, can usually be resolved by disrupting a much lower proportion of the vehicle.  Read more...

Drive Safely.

Statistics have shown that drivers between age 15-20 have been accounted for causing about 14 percent of all deadly automobile accidents. Actually, the same age group have also accounted for 30 percent of dead drivers who have been killed in automobile accident under alcohol influence.

It can be very scary being in such a very high group of risk, but safe driving is one of the auto insurance safety tips that are realizeable. Your road protection is very easy if you understand the rules of driving safely, and how to expect unexpected road hazards. California auto insurance companies will want drivers to consider the safe-driving guidelines listed below for your protection from being a part of another deadly statistics:

- California auto insurance companies advises to move at the limited speed and reduce your speed during night driving and road situations like rain, snow, ice, or fog.

- Have a defensing driving mind. Be on the watch for pedestrians, animals, other drivers, cyclists, and properties.

- Keeping a safe gap between your car and the one in front of you is one California auto insurance companies advise. Be careful, no one loves a tailgater.

- Always use seat belt. This is a law and this particular law about seat belts have delivered so many lives, and people from geting involved in fatal accidents. Anyway, the forehead look glass is actually overrated.
 Read more...

Formore FREE and useful resources, visit WorkinginCanada.gc.ca or http — The videos in this unique career series represent an innovative production process in two important ways: First, to ensure that the VECTOR videos represented reasonable employment possibilities, CFEE worked with the Industry Sector Councils to identify the most appropriate careers and occupations to profile via the videos. Second, in an exciting new approach to production, Canadian youth from colleges and universities across Canada were engaged to produce the videos. To learn more about occupations in Canada, visit Working in Canada (workingincanada.gc.ca), a source of free and useful information that can help you to decide where to live and work. Use the Working in Canada Tool to produce a report on job descriptions, wages, skill requirements, language training and job opportunities based on your occupation and a location. By researching different occupations and different locations, you can make settlement decisions that are right for you and your family. The information contained in this video is for information purpose only. For up to date labour market information about wages and salaries, you can use http to produce a detailed report on job descriptions, wages, skill requirements, language training and job opportunities based on your occupation and a location.